FOMO is back in the financial markets

Lately it’s been hard to find good investment ideas for value investors as the stock market is ripping higher than ever. Large cap companies are making big gains, such as Tesla (TSLA) with a 50% price appreciation over the last week. It’s not just stocks. Cryptocurrencies are on the rise too, with Bitcoin rising to $90,000 USD for… Read More »

Potential trade setup for FedEx

One of the best stocks to gauge the health of the economy is FedEx. If the demand for transportation increases then it’s a sign that businesses are growing, e-commerce is expanding, and the overall US economy should be in good shape. This is why I occasionally pull up FedEx stock to see what it’s doing. Well recently I… Read More »

Expect more rate cuts from the BoC

The Bank of Canada has two more interest rate announcements this year. One later this month and another in December. Although the U.S. economy has recently showed signs of strength, the BoC has said it is willing to diverge from the Federal Reserve on monetary policy when Canadian economic conditions warrant it. We know that the Canadian unemployment… Read More »